Should You Invest in Altria Group Inc. (MO) Now?

Altria Group Inc. (NYSE: MO) has a higher price-to-earnings ratio of 8.65x compared to its average ratio, The 36-month beta value for MO is at 0.67. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 5 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”

The public float for MO is 1.72B, and currently, shorts hold a 1.49% of that float. The average trading volume for MO on August 02, 2024 was 9.15M shares.

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MO) stock’s latest price update

Altria Group Inc. (NYSE: MO)’s stock price has increased by 0.21 compared to its previous closing price of 50.02. However, the company has seen a -0.61% decrease in its stock price over the last five trading sessions. 247wallst.com reported 2024-08-02 that 24/7 Insights Altria is a member of the Dividend Kings.

MO’s Market Performance

MO’s stock has fallen by -0.61% in the past week, with a monthly rise of 9.08% and a quarterly rise of 13.97%. The volatility ratio for the week is 1.78% while the volatility levels for the last 30 days are 1.50% for Altria Group Inc. The simple moving average for the last 20 days is 3.06% for MO stock, with a simple moving average of 16.31% for the last 200 days.

Analysts’ Opinion of MO

Stifel, on the other hand, stated in their research note that they expect to see MO reach a price target of $52. The rating they have provided for MO stocks is “Buy” according to the report published on April 14th, 2023.

UBS gave a rating of “Sell” to MO, setting the target price at $38 in the report published on November 10th of the previous year.

MO Trading at 6.64% from the 50-Day Moving Average

After a stumble in the market that brought MO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.43% of loss for the given period.

Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +9.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.72% upper at present.

During the last 5 trading sessions, MO fell by -0.12%, which changed the moving average for the period of 200-days by +17.49% in comparison to the 20-day moving average, which settled at $48.85. In addition, Altria Group Inc. saw 24.26% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MO starting from Whitaker Charles N., who sale 22,487 shares at the price of $43.95 back on May 02 ’24. After this action, Whitaker Charles N. now owns 173,485 shares of Altria Group Inc., valued at $988,360 using the latest closing price.

Davis Robert Matthews, the Director of Altria Group Inc., purchase 1,200 shares at $40.50 during a trade that took place back on Nov 06 ’23, which means that Davis Robert Matthews is holding 8,473 shares at $48,599 based on the most recent closing price.

Stock Fundamentals for MO

Current profitability levels for the company are sitting at:

  • 0.54 for the present operating margin
  • 0.63 for the gross margin

The net margin for Altria Group Inc. stands at 0.46. The total capital return value is set at -2.67.

Based on Altria Group Inc. (MO), the company’s capital structure generated 1.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at -8.3. The interest coverage ratio of the stock is 11.78.

Currently, EBITDA for the company is 12.25 billion with net debt to EBITDA at 2.06. When we switch over and look at the enterprise to sales, we see a ratio of 5.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.

Conclusion

In conclusion, Altria Group Inc. (MO) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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